Many different factors drive the DowJonesIndustrialAverage (DJIA). The aggregate performance of the component companies revealed in quarterly company earnings reports is the main one.
As background, the DowJonesIndustrialAverage is a 30-large stock index ... that are trading at higher prices affect the Dow's performance more than those that are trading at lower ...
Many different factors drive the DowJonesIndustrialAverage (DJIA). The aggregate performance of the component companies revealed in quarterly company earnings reports is the main one.